Snowflake is trading 5.59% down at ARS 15,190.00, amid broader technology weakness and investor reassessment of AI infrastructure spending.
- No clear Snowflake-specific announcement explains the move.
- Reuters reported chip and data-center-linked stocks were slipping amid worries about tighter scrutiny and slower expansion.
- Strategists say a slower buildout could also affect cloud companies, as investors weigh potential data-center constraints after the Democratic midterm sweep.